This week, we are doing a covered call analysis on Taiwan Semiconductor Manufacturing (TSM). The stock price has been trading mostly within a range for the past six months.
In the meantime, volatility has started to move higher in recent weeks. Both of these variables may be leading to a nice setup for a covered call trade.
We are looking at TSM because there is a single stock covered call ETF from YieldMax, TSMY, which could be (or could not be) an interesting addition to the portfolio in my new ETF Income Trader service.
How To Collect $11,162/year From ONE Investment
If you want to enjoy a new income stream instantly…
You simply have to buy and hold THIS—it’s NOT a single stock or bond, and you don’t have to do any options trading—it’s a brand new way to enjoy yields as high as 26.2%...
If you have $25,000, you’re set. That can turn into $11,162 per year by holding.
